July 2020 Share Conversion

RNS Number : 1763U

CVC Credit Partners European Opps.

27 July 2020

 

27 July 2020

CVC Credit Partners European Opportunities Limited (the "Company")

(a closed-ended investment company incorporated in Jersey with registration number 112635)
Registered Office: IFC 1, The Esplanade, St Helier, Jersey, JE1 4BP

July 2020 Share Conversion

CVC Credit Partners European Opportunities Limited (the "Company") announces the conversion of a number of Sterling Shares into Euro Shares (the "Conversion").

On the basis of the net asset values of the Company's Euro and Sterling shares as at 30 June 2020 (using spot currency exchange rates as at 30 June 2020), the current conversion ratio, in accordance with the Company's articles of association, is:

1.165528 Euro Shares per Sterling Share.

The Company received eligible conversion notices from shareholders in respect of 1,872,911 Sterling Shares by the relevant closing date. Accordingly, an application has been made for the admission of 2,182,930 Euro Shares to the Official List of the UK Listing Authority (the "Official List") and the main market for listed securities of the London Stock Exchange plc (the "Main Market"). It is expected that such application will become effective and dealings in the new Euro Shares will commence on 31 July 2020.  The revised number of total voting rights in the Company as adjusted for the Conversion will be announced shortly thereafter.

CVC Credit Partners European Opportunities Limited :       [phone]
Richard Boléat

BNP Paribas Securities Services S.C.A., Jersey Branch     [phone]/813820

 

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